Malcolm Glazer has no intention of selling Manchester United.  For the second time in a fortnight, reports surfaced suggesting the American billionaire is ready to offload the Old Trafford club after realising the profits to be made fall short of his expectations.

After completing a controversial £800million buy-out two years ago, Glazer has already re-financed United's massive debts once and chief of staff Ed Woodward is believed to be working on another re-structuring, which would reduce annual interest payments from a startling £65million a year.

Yet the Glazer family has refuted suggestions they want to sell the recently crowned English champions.

After rejecting a similar story on the eve of the last Premiership game against West Ham earlier this month, the Glazers are 'flabbergasted' to discover yet more speculation surfacing.

At a time when United are about to benefit from a increased television deal and knowing revenue from sponsorship and season-ticket sales is about to rise significantly, there would appear to be no sense behind any move to sell.

"The Glazer family have a long-term commitment to Manchester United and that is not going to change," a family spokesman said.

"Quite simply, they are not interested in selling the club. Why would they?  They are determined to make United more successful, both on and off the pitch."

The Glazers' commitment to backing Alex Ferguson in the transfer market is likely to be tested this summer as the United boss has identified three big-name targets who he believes will give the Red Devils the best chance of defending their Premiership crown and progressing in Europe.

Owen Hargreaves' capture is set to be confirmed today.  PA